Outplacement is any service that assists a departing employee with obtaining a new job or transitioning to a new career. Access to outplacement services is offered by some employers as an employee benefit for their staff.
People may be in need of outplacement services if they are making a career change and seek industry knowledge to assist them in entering a new market, or if they are having trouble re-entering the workforce after having left a company due to unforeseen circumstances.
The goal of outplacement firms is to ease this transition process for candidates by providing services like job interview training, career coaching and assisting candidates to improve their resumes and LinkedIn profiles. As well as practical advice, outplacement companies provide career counselling support to employees that may have lost their jobs as a result of redundancy or the downsizing of their previous company.